vat

What is VAT (Thailand)?

Value added tax (ภาษีมูลค่าเพิ่ม) is charged at 7% in Thailand. The Revenue Code rate is 10%, but a royal decree holds it at 7%. The latest decree, No. 807, runs to 30 September 2027.

Finn does your books in Thailand

AccountsOS keeps the books for Thailand businesses, tracks tax deadlines and handles invoicing, in plain English. Ask Finn about yours, no signup needed.

Current Rate

7% until 30 September 2027 (Royal Decree No. 807, B.E. 2569).

Example

A service sold for 100,000 baht plus VAT is invoiced at 107,000 baht.

How VAT (Thailand) works in Thailand

Because the 7% depends on a decree, Finn always says the date it runs to. Exports are zero-rated and some supplies are exempt. A business must register once turnover goes over 1.8 million baht a year.

Confused by Thailand accounting jargon?

AccountsOS explains Thailand terms in plain English and applies the right rules to your books automatically.

Try Free